The Carlyle Group is raising $15 billion for its next general buyout fund, according to Reuters. The news previously has been reported elsewhere. www.carlyle.com
Dan Ciporin, former CEO of Shopping.com, has joined Canaan Partners as a venture partners focused on digital media opportunities. He will work out of Canaan's Westport, Conn. office, and most recently was chairman of the Internet Lab, an Israeli incubator for early stage Internet consumer startups co-founded by Gemini Israel Funds and Lightspeed Venture Partners. […]
Reef Point Systems Inc., a Burlington, Mass.-based provider of gateway platforms and solutions for fixed-mobile convergence networks, has raised $25 million in its second round of funding since a 2005 venture recap. One Equity Partners led the deal, and was joined by return backers American Capital Strategies and JVP. www.reefpoint.com
Andreas Hautkappe, Rolf Huenermann and Stefan Joergens have joined Willkie Farr & Gallagher LLP as Germany-based partners focused on private equity transactions. All three previously were with Clifford Chance. The group also will add former Clifford Chance attorneys Ole Oldenburg and Ingo Bednarz as associates. www.willkie.com
Bulldog Solutions, an Austin, Texas-based provider of lead optimization and lead management services, has raised $5 million in VC funding from SSM Partners. www.bulldogsolutions.com
Kirtland Capital Partners has completed a $50 million dividend recap of portfolio company Essex Crane Rental Corp., a Buffalo Grove, Ill.
North Castle Partners has completed a dividend recap of portfolio company Octane Fitness Holdings Inc., a Brooklyn Park, Minn.
Limelight Networks Inc., a Tempe, Ariz.-based provider of a network for delivering live and on-demand digital media online, has filed for a $201.25 million IPO. It plans to trade on the Nasdaq under ticker symbol LLNW, with Goldman Sachs and Morgan Stanley serving as co-lead underwriters. Limelight raised $130 million in VC funding last year […]
Netezza Corp., a Framingham, Mass.-based provider of enterprise-class data warehouse appliances, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol NTZA, with Credit Suisse and Morgan Stanley serving as co-lead underwriters. It has raised around $83 million in VC funding since its 2000 inception, from firms like […]
Pharmasset Ltd., a Tucker, Ga.-based drug company focused on viral diseases, has set its proposed IPO terms to six million common shares at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol VRUS, with Banc of America securities and UBS serving as co-lead underwriters. The company has raised […]